Event: Seminar on Dodd-Frank Act

Date: 08/26/2010

August 26, 2010: Seminar on Dodd-Frank Act at Sidley Austin

On August 26, 2010, CBLA, China General Chamber of Commerce and Sidley Austin jointly hosted a seminar on the impact of the Dodd-Frank Wall Street Reform and Consumer Protection Act on Chinese banks and companies. The seminar was designed to address issues and provisions of the Dodd-Frank Act that are of special interest to Chinese banks and companies that have, or expect to have, a presence in the U.S. Over 120 participants, including leaders and representatives from some of the largest Chinese banks, state-owned enterprises and private companies, attended the seminar. The seminar was held at Sidley’s New York office.

Sidley’s Managing Partner in New York, George Petrow and CBLA director Alex Yong Hao delivered introductory remarks. Xiaojing Li, President of CGCC and General Manager of Bank of China U.S.A., gave the keynote speech. The panel consisted of the following Sidley partners: Joseph Armbrust, William Eckland, Connie Friesen, Robert Golub, Jonathan Kelly, Richard Klingler, Robert Pietrzak, Xiaowen Qiu, Irving Rotter, Michael Sackheim, and Andrew Shoyer. Panelists discussed the general theme of the Dodd-Frank Act and addressed the potential consequences and issues most relevant to Chinese banks and companies in the finance, energy, insurance, and real estate sectors.

The panel discussion was moderated by CBLA director Nan-I Chen. Following the panel dis-cussion, the attendees and panelists continued exchanging thoughts and viewpoints about the Dodd-Frank Act over a delicious meal of steamed sea bass and twice-cooked pork, among other authentic Chinese dishes. The event was successful in bringing together a major U.S. law firm with Chinese industry heavyweights in New York; it also marked yet another successful cooperation between CBLA and its institutional members. CBLA officers Esther Chiang and Mingzhang Zeng contributed significantly to the organization of this event.